Consumer Foodservice in Nigeria

February 2024 | 78 pages | ID: CE1DEF7A0EDEN
Euromonitor International Ltd

Abstracts

Weakened economic fundamentals have negatively impacted Nigerian consumers’ purchasing power in 2023, resulting in slow growth of consumer foodservice. The cash crunch in the first quarter of the year as a result of the central bank changing the currency design caused cash shortages and wreaked social havoc in a country that has a cash-based economy. The scarcity of cash prevented many consumers, especially the unbanked, from making purchases, affecting the consumer foodservice industry. The rem...

Euromonitor International's Consumer Foodservice in Nigeria report offers a comprehensive guide to the size and shape of the market at a national level. It provides foodservice sales, the number of outlets and the number of transactions by sector, allowing you to identify the foodservice sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they eating habits, lifestyle changes, tourism spending or legislative issues. Forecasts to 2028 illustrate how the market is set to change.

Product coverage: Consumer Foodservice by Fulfillment, Consumer Foodservice by Location, Consumer Foodservice by Ordering Platform, Consumer Foodservice by Type.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Consumer Foodservice market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

CONSUMER FOODSERVICE IN NIGERIA
EXECUTIVE SUMMARY
Consumer foodservice in 2023: The big picture
2023 key trends
Competitive landscape
Independent foodservice developments
What next for consumer foodservice?
MARKET DATA
Table 1 Units, Transactions and Value Sales in Consumer Foodservice 2018-2023
Table 2 Units, Transactions and Value Sales in Consumer Foodservice: % Growth 2018-2023
Table 3 Consumer Foodservice by Independent vs Chained by Type: Units/Outlets 2023
Table 4 Consumer Foodservice by Independent vs Chained: % Foodservice Value 2018-2023
Table 5 Sales in Consumer Foodservice by Food vs Drink Split: % Foodservice Value 2018-2023
Table 6 Sales in Consumer Foodservice by Food vs Drink Split by Type: % Foodservice Value 2023
Table 7 Sales in Consumer Foodservice by Location: % Foodservice Value 2018-2023
Table 8 Sales in Consumer Foodservice by Fulfillment: % Foodservice Value 2018-2023
Table 9 GBO Company Shares in Chained Consumer Foodservice: % Foodservice Value 2019-2023
Table 10 GBN Brand Shares in Chained Consumer Foodservice: % Foodservice Value 2020-2023
Table 11 GBN Brand Shares in Chained Consumer Foodservice: Units/Outlets 2023
Table 12 Forecast Units, Transactions and Value Sales in Consumer Foodservice 2023-2028
Table 13 Forecast Units, Transactions and Value Sales in Consumer Foodservice: % Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources
LIMITED-SERVICE RESTAURANTS IN NIGERIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Convenience and discounts support growth of chained operators in 2023
Chained outlets continue to expand their footprint
Local players have a significant foothold
PROSPECTS AND OPPORTUNITIES
Digitalisation will continue to drive growth
Value sales supported by economic growth
Outlet expansion set to continue
CATEGORY DATA
Table 14 Limited-Service Restaurants by Category: Units/Outlets 2018-2023
Table 15 Sales in Limited-Service Restaurants by Category: Number of Transactions 2018-2023
Table 16 Sales in Limited-Service Restaurants by Category: Foodservice Value 2018-2023
Table 17 Limited-Service Restaurants by Category: % Units/Outlets Growth 2018-2023
Table 18 Sales in Limited-Service Restaurants by Category: % Transaction Growth 2018-2023
Table 19 Sales in Limited-Service Restaurants by Category: % Foodservice Value Growth 2018-2023
Table 20 GBO Company Shares in Chained Limited-Service Restaurants: % Foodservice Value 2019-2023
Table 21 GBN Brand Shares in Chained Limited-Service Restaurants: % Foodservice Value 2020-2023
Table 22 Forecast Limited-Service Restaurants by Category: Units/Outlets 2023-2028
Table 23 Forecast Sales in Limited-Service Restaurants by Category: Number of Transactions 2023-2028
Table 24 Forecast Sales in Limited-Service Restaurants by Category: Foodservice Value 2023-2028
Table 25 Forecast Limited-Service Restaurants by Category: % Units/Outlets Growth 2023-2028
Table 26 Forecast Sales in Limited-Service Restaurants by Category: % Transaction Growth 2023-2028
Table 27 Forecast Sales in Limited-Service Restaurants by Category: % Foodservice Value Growth 2023-2028
CAFЙS/BARS IN NIGERIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Impact of inflation and cash shortage on bars/pubs
Shift to cheaper brands in a challenging environment
Independent cafйs/bars remain the most popular
PROSPECTS AND OPPORTUNITIES
Economic recovery will encourage consumers to spend
Rising disposable incomes and urbanisation set to lead to further openings
Generation Z’s lifestyle to support growth of cafйs/bars and premium brands
CATEGORY DATA
Table 28 Cafйs/Bars by Category: Units/Outlets 2018-2023
Table 29 Sales in Cafйs/Bars by Category: Number of Transactions 2018-2023
Table 30 Sales in Cafйs/Bars by Category: Foodservice Value 2018-2023
Table 31 Cafйs/Bars by Category: % Units/Outlets Growth 2018-2023
Table 32 Sales in Cafйs/Bars by Category: % Transaction Growth 2018-2023
Table 33 Sales in Cafйs/Bars by Category: % Foodservice Value Growth 2018-2023
Table 34 Forecast Cafйs/Bars by Category: Units/Outlets 2023-2028
Table 35 Forecast Sales in Cafйs/Bars by Category: Number of Transactions 2023-2028
Table 36 Forecast Sales in Cafйs/Bars by Category: Foodservice Value 2023-2028
Table 37 Forecast Cafйs/Bars by Category: % Units/Outlets Growth 2023-2028
Table 38 Forecast Sales in Cafйs/Bars by Category: % Transaction Growth 2023-2028
Table 39 Forecast Sales in Cafйs/Bars by Category: % Foodservice Value Growth 2023-2028
FULL-SERVICE RESTAURANTS IN NIGERIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Rising costs hamper growth in 2023
Other full-service restaurants benefit from serving local dishes
Strong competition from limited-service restaurants
PROSPECTS AND OPPORTUNITIES
Economic growth and rising interest in international cuisines will support growth
Benefit of lower inflation and technology
Global stability would encourage international travel and boost sales in full-service restaurants
CATEGORY DATA
Table 40 Full-Service Restaurants by Category: Units/Outlets 2018-2023
Table 41 Sales in Full-Service Restaurants by Category: Number of Transactions 2018-2023
Table 42 Sales in Full-Service Restaurants by Category: Foodservice Value 2018-2023
Table 43 Full-Service Restaurants by Category: % Units/Outlets Growth 2018-2023
Table 44 Sales in Full-Service Restaurants by Category: % Transaction Growth 2018-2023
Table 45 Sales in Full-Service Restaurants by Category: % Foodservice Value Growth 2018-2023
Table 46 Forecast Full-Service Restaurants by Category: Units/Outlets 2023-2028
Table 47 Forecast Sales in Full-Service Restaurants by Category: Number of Transactions 2023-2028
Table 48 Forecast Sales in Full-Service Restaurants by Category: Foodservice Value 2023-2028
Table 49 Forecast Full-Service Restaurants by Category: % Units/Outlets Growth 2023-2028
Table 50 Forecast Sales in Full-Service Restaurants by Category: % Transaction Growth 2023-2028
Table 51 Forecast Sales in Full-Service Restaurants by Category: % Foodservice Value Growth 2023-2028
STREET STALLS/KIOSKS IN NIGERIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
High inflation forces consumers to switch to more affordable foodservice channels
Low start-up costs encourage entrepreneurs to set up street stalls/kiosks
PieXpress benefits from consumers looking for value for money
PROSPECTS AND OPPORTUNITIES
Economic recovery will hamper growth of street stalls/kiosks
Growth supported by outlet improvement and modernisation
Expansion of chained outlets and partnerships with third party delivery services
CONSUMER FOODSERVICE BY LOCATION IN NIGERIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Consumer foodservice through standalone benefits from new outlets
Supermarkets increase their foodservice channels to drive sales
Consumers appreciate the convenience of ordering online and quick delivery
PROSPECTS AND OPPORTUNITIES
Strong development of standalone locations expected as the economy improves
More hotels and restaurants in supermarkets will support lodging and retail growth, respectively
CATEGORY DATA
Table 52 Consumer Foodservice by Location: Units/Outlets 2018-2023
Table 53 Sales in Consumer Foodservice by Location: Number of Transactions 2018-2023
Table 54 Sales in Consumer Foodservice by Location: Foodservice Value 2018-2023
Table 55 Consumer Foodservice by Location: % Units/Outlets Growth 2018-2023
Table 56 Sales in Consumer Foodservice by Location: % Transaction Growth 2018-2023
Table 57 Sales in Consumer Foodservice by Location: % Foodservice Value Growth 2018-2023
Table 58 Consumer Foodservice through Standalone: Units/Outlets 2018-2023
Table 59 Sales in Consumer Foodservice through Standalone: Number of Transactions 2018-2023
Table 60 Sales in Consumer Foodservice through Standalone: Foodservice Value 2018-2023
Table 61 Consumer Foodservice through Standalone: % Units/Outlets Growth 2018-2023
Table 62 Sales in Consumer Foodservice through Standalone: % Transaction Growth 2018-2023
Table 63 Sales in Consumer Foodservice through Standalone: % Foodservice Value Growth 2018-2023
Table 64 Consumer Foodservice through Leisure: Units/Outlets 2018-2023
Table 65 Sales in Consumer Foodservice through Leisure: Number of Transactions 2018-2023
Table 66 Sales in Consumer Foodservice through Leisure: Foodservice Value 2018-2023
Table 67 Consumer Foodservice through Leisure: % Units/Outlets Growth 2018-2023
Table 68 Sales in Consumer Foodservice through Leisure: % Transaction Growth 2018-2023
Table 69 Sales in Consumer Foodservice through Leisure: % Foodservice Value Growth 2018-2023
Table 70 Consumer Foodservice through Retail: Units/Outlets 2018-2023
Table 71 Sales in Consumer Foodservice through Retail: Number of Transactions 2018-2023
Table 72 Sales in Consumer Foodservice through Retail: Foodservice Value 2018-2023
Table 73 Consumer Foodservice through Retail: % Units/Outlets Growth 2018-2023
Table 74 Sales in Consumer Foodservice through Retail: % Transaction Growth 2018-2023
Table 75 Sales in Consumer Foodservice through Retail: % Foodservice Value Growth 2018-2023
Table 76 Consumer Foodservice through Lodging: Units/Outlets 2018-2023
Table 77 Sales in Consumer Foodservice through Lodging: Number of Transactions 2018-2023
Table 78 Sales in Consumer Foodservice through Lodging: Foodservice Value 2018-2023
Table 79 Consumer Foodservice through Lodging: % Units/Outlets Growth 2018-2023
Table 80 Sales in Consumer Foodservice through Lodging: % Transaction Growth 2018-2023
Table 81 Sales in Consumer Foodservice through Lodging: % Foodservice Value Growth 2018-2023
Table 82 Consumer Foodservice through Travel: Units/Outlets 2018-2023
Table 83 Sales in Consumer Foodservice through Travel: Number of Transactions 2018-2023
Table 84 Sales in Consumer Foodservice through Travel: Foodservice Value 2018-2023
Table 85 Consumer Foodservice through Travel: % Units/Outlets Growth 2018-2023
Table 86 Sales in Consumer Foodservice through Travel: % Transaction Growth 2018-2023
Table 87 Sales in Consumer Foodservice through Travel: % Foodservice Value Growth 2018-2023
Table 88 Forecast Consumer Foodservice by Location: Units/Outlets 2023-2028
Table 89 Forecast Sales in Consumer Foodservice by Location: Number of Transactions 2023-2028
Table 90 Forecast Sales in Consumer Foodservice by Location: Foodservice Value 2023-2028
Table 91 Forecast Consumer Foodservice by Location: % Units/Outlets Growth 2023-2028
Table 92 Forecast Sales in Consumer Foodservice by Location: % Transaction Growth 2023-2028
Table 93 Forecast Sales in Consumer Foodservice by Location: % Foodservice Value Growth 2023-2028
Table 94 Forecast Consumer Foodservice through Standalone: Units/Outlets 2023-2028
Table 95 Forecast Sales in Consumer Foodservice through Standalone: Number of Transactions 2023-2028
Table 96 Forecast Sales in Consumer Foodservice through Standalone: Foodservice Value 2023-2028
Table 97 Forecast Consumer Foodservice through Standalone: % Units/Outlets Growth 2023-2028
Table 98 Forecast Sales in Consumer Foodservice through Standalone: % Transaction Growth 2023-2028
Table 99 Forecast Sales in Consumer Foodservice through Standalone: % Foodservice Value Growth 2023-2028
Table 100 Forecast Consumer Foodservice through Leisure: Units/Outlets 2023-2028
Table 101 Forecast Sales in Consumer Foodservice through Leisure: Number of Transactions 2023-2028
Table 102 Forecast Sales in Consumer Foodservice through Leisure: Foodservice Value 2023-2028
Table 103 Forecast Consumer Foodservice through Leisure: % Units/Outlets Growth 2023-2028
Table 104 Forecast Sales in Consumer Foodservice through Leisure: % Transaction Growth 2023-2028
Table 105 Forecast Sales in Consumer Foodservice through Leisure: % Foodservice Value Growth 2023-2028
Table 106 Forecast Consumer Foodservice through Retail: Units/Outlets 2023-2028
Table 107 Forecast Sales in Consumer Foodservice through Retail: Number of Transactions 2023-2028
Table 108 Forecast Sales in Consumer Foodservice through Retail: Foodservice Value 2023-2028
Table 109 Forecast Consumer Foodservice through Retail: % Units/Outlets Growth 2023-2028
Table 110 Forecast Sales in Consumer Foodservice through Retail: % Transaction Growth 2023-2028
Table 111 Forecast Sales in Consumer Foodservice through Retail: % Foodservice Value Growth 2023-2028
Table 112 Forecast Consumer Foodservice through Lodging: Units/Outlets 2023-2028
Table 113 Forecast Sales in Consumer Foodservice through Lodging: Number of Transactions 2023-2028
Table 114 Forecast Sales in Consumer Foodservice through Lodging: Foodservice Value 2023-2028
Table 115 Forecast Consumer Foodservice through Lodging: % Units/Outlets Growth 2023-2028
Table 116 Forecast Sales in Consumer Foodservice through Lodging: % Transaction Growth 2023-2028
Table 117 Forecast Sales in Consumer Foodservice through Lodging: % Foodservice Value Growth 2023-2028
Table 118 Forecast Consumer Foodservice through Travel: Units/Outlets 2023-2028
Table 119 Forecast Sales in Consumer Foodservice through Travel: Number of Transactions 2023-2028
Table 120 Forecast Sales in Consumer Foodservice through Travel: Foodservice Value 2023-2028
Table 121 Forecast Consumer Foodservice through Travel: % Units/Outlets Growth 2023-2028
Table 122 Forecast Sales in Consumer Foodservice through Travel: % Transaction Growth 2023-2028
Table 123 Forecast Sales in Consumer Foodservice through Travel: % Foodservice Value Growth 2023-2028
SELF-SERVICE CAFETERIAS IN NIGERIA
2023 DEVELOPMENTS